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E Chandler Heights Road - Vacant Land, Gilbert, AZ

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E Chandler Heights Road - Vacant Land

NEC Val Vista & Chandler Heights
Gilbert, AZ 85298 - Gateway Airport/Loop 202 Submarket

(486.7 KB)

Property Type:Land Parcel Size:15.75 Acres
For Sale Price:$5,488,560 Price/Acre:$348,502 Price/SF:$8.00

Proposed Use:Retail, Office

On-Site Improv:Raw land

The subject property is 15.45 acres of vacant land located on the northeast corner of Val Vista Drive and Chandler Heights Road in Gilbert, AZ. Proposed uses include power center, strip center and an office/retail building.

Tax Parcel Number: 304-76-221

Sale Notes:
FUTURE AREA DEVELOPMENT:Town of Gilbert is conducting a major study to determine if they will add a master park at Chandler Heights and Greenfield, much like the Greenbelt in Scottsdale. A major housing development consisting of 63 homes at 156th St. and Riggs Rd. is under development.

Nestled in South Gilbert, this offering has the potential to serve the surrounding affluent community. High ranking schools, and luxury residential developments such as Falcon Estates, Vasaro, and Reid Ranch are minutes away. Golf course are abundant in the Gilbert area including Seville Golf Club and Trilogy Golf Course at Power Ranch. Area retail is limited which creates a potential opportunity gap for future owners/developers of the site.

Colliers International
Philip Wurth
(480) 655-3310

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